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Solon re-selected as local development partner - 23/02/2015


We are delighted to report our re-selection as a member of the Homeswest partnership. This means that Solon will be able to continue its work in Bristol and South Gloucestershire as a development partner, producing new affordable homes for local residents

 

We are planning to buy or build around 236 new homes between 2015 – 18, funded by £5.4m public sector grant and £24m private finance borrowed from banks. We are already borrowing money from the Royal Bank of Scotland. We are also pleased to announce the recent completion of arrangements to borrow an additional £7m from ethical bank Triodos.

The first new homes – all for affordable rent – will be built in Hengrove, Hartcliife and Southmead in Bristol and Yate in South Gloucestershire. 

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